Pro Builder
AUGUST 10, 2021
Forbearance Exits Expected to Add Inventory. A wave of inventory could come soon as hundreds of thousands of homeowners are expected to exit forbearance, with a significant share likely to list their homes. This not only benefits the market’s inventory problem, but homeowners can benefit from the significant price appreciation.
Pro Builder
MAY 10, 2023
If rates fall significantly in the months ahead, the housing market could come back to life even amid higher prices and waning inventory, Forbes reports. The Atlanta Fed’s Affordability Monitor is well into the red as interest rates have caused mortgage costs to spike and incomes have not moved up as fast as prices over recent years.
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Pro Builder
AUGUST 20, 2021
There’s rebalancing in the for-sale market as well with inventory increasing for the third consecutive month and home value growth slowing in many of the largest markets. Inventory Rebound Continues. For-sale inventory, while still down 27.6% If there had been no pandemic, Zillow predicted rents would be 2.9% higher in Tampa.
Pro Builder
JANUARY 24, 2023
The Top 10 Real Estate Markets of 2023 Are All Located in the South ldeakins Tue, 01/24/2023 - 11:45 These popular southern homebuying destinations offer robust job markets and a rising inventory of affordably priced homes The U.S.
Pro Builder
DECEMBER 17, 2021
Though the winter months are usually a slow period for growth in the housing market, Zillow’s Home Value Index (ZHVI) for November shows considerable price gains at a time when inventory is steadily declining. The fastest was in Nashville (2.6%), Orlando (2.4%) and Atlanta (2.3%). . Market Data + Trends. Affordability.
Pro Builder
SEPTEMBER 20, 2022
Even as the housing market slows, a lack of new inventory is sustaining elevated home prices and leaving would-be buyers with few affordable options. For example, Redfin found that in Atlanta, Chicago, Los Angeles and Washington, D.C., New listings slumped 19% year over year during the four weeks ending Sept.
Pro Builder
NOVEMBER 19, 2021
Low housing inventory and home value appreciation signal a cooling market despite year-over-year highs for the month of October, Zillow reports. Month-over-month inventory levels dropped in October, meaning more competition for buyers but a return to somewhat normal market seasonality after months of record-breaking activity.
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